Updated about 12 years ago on . Most recent reply
Two fourplexes on one property - Considered Commercial?
Since I am a newbie, I need to ask a question about two vacant fourplexes on one property. I think I read on BP that a four plex could be financed under conventional financing but five or more units are considered apartments and financed under commercial financing. Is this correct?
I found two four plexes together on one property. Would this property be financed under conventional or commercial?